During its 2005-2006 fiscal year, the Planned Parenthood Federation of America performed a record 264,943 abortions, attained a record profit of $55.8 million and received record taxpayer funding of $305.3 million.According to its annual report, income is divided roughly into three major categories: clinic income (fees charged to customers at clinics); donations (gifts from corporations, foundations and individuals); and taxpayer money (grants and contracts from federal, state and local government).
For the year July 1, 2005, through June 30, 2006, Planned Parenthood received $345.1 million in clinic income, $305.3 million in taxpayer funding and $212.2 million in donations. Total income reached $902.8 million while total expenses came to $847.0 million, leaving a profit of $55.8 million.
Over 1/3 of the organization's budget is coming from the pockets of the American taxpayer. This organization, which performs some 20% of all American abortions annually is pocketing over $300 MILLION in government funds each year.
Are you shocked, offended, and disgusted? So am I. Now let's go out and do something about it. And it starts with letting our fellow Americans know the degree to which their tax dollars are subsidizing abortion.
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